Gas prices in Rhode Island remain the same

Us Inflation Likely Eased Again Last Month If More Gradually
Gas is pumped at a Costco Warehouse in Cranberry, Pa., on Monday, Jan. 23, 2023. On Tuesday, the Labor Department reports on U.S. consumer prices for January. The consumer price index is closely watched by the Federal Reserve, which has raised interest rates eight times in the past year in an attempt to cool the economy and bring down inflation. (Gene J. Puskar - staff, AP)

PROVIDENCE, R.I. (WLNE) — The price of gas in Rhode Island remained the same as last week.

AAA Northeast said Monday the average price of gasoline is $3.76 per gallon. That’s 25 cents higher than a month ago and 9 cents lower than the national average.

“Gas prices are flat as the summer driving season comes to a close,” said Mark Schieldrop, AAA Northeast public affairs specialist. “Late summer gasoline demand has softened as Americans shift from vacation planning to back-to-school preparations.”

Schieldrop added that the “calm in gas markets could end abruptly in the coming weeks depending on hurricane activity over the Atlantic Ocean.”

This week’s average gas price is 32 cents lower than this time last year.

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